RE:Prepaid sale at $1429/oz?I think the 'realized' price is a minomer. It is the market price + the finance charge of US$80.00 (10% of the prepaid sale price of $800.00 per ounce.
So this deal costs us $629.00/oz. ($1429 minus $800). For 723 oz, that is a cool $455,000.00 cash.
Thank you Mr.Baldock and BOD members.